OneWater Marine Inc. (NASDAQ:ONEW – Get Free Report) Director John Troiano sold 3,671 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $12.16, for a total value of $44,639.36. Following the completion of the sale, the director directly owned 50,481 shares in the company, valued at approximately $613,848.96. This trade represents a 6.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
John Troiano also recently made the following trade(s):
- On Friday, May 8th, John Troiano sold 27,844 shares of OneWater Marine stock. The shares were sold at an average price of $12.07, for a total value of $336,077.08.
- On Thursday, February 12th, John Troiano sold 1,662 shares of OneWater Marine stock. The shares were sold at an average price of $13.19, for a total value of $21,921.78.
OneWater Marine Stock Down 2.0%
Shares of OneWater Marine stock opened at $10.94 on Thursday. The business’s fifty day moving average price is $10.05 and its two-hundred day moving average price is $11.77. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.16 and a quick ratio of 0.29. The company has a market capitalization of $181.82 million, a P/E ratio of -1.46 and a beta of 1.49. OneWater Marine Inc. has a 1-year low of $8.12 and a 1-year high of $17.92.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on ONEW shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of OneWater Marine in a research report on Tuesday, April 21st. Robert W. Baird set a $13.00 price target on OneWater Marine in a research report on Friday, May 1st. KeyCorp lowered their price target on OneWater Marine from $16.00 to $14.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Finally, Truist Financial lowered their price target on OneWater Marine from $17.00 to $15.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, OneWater Marine has a consensus rating of “Hold” and a consensus target price of $14.00.
Check Out Our Latest Stock Analysis on ONEW
Hedge Funds Weigh In On OneWater Marine
A number of hedge funds have recently modified their holdings of ONEW. AQR Capital Management LLC acquired a new position in shares of OneWater Marine in the 1st quarter worth $345,000. Goldman Sachs Group Inc. grew its holdings in shares of OneWater Marine by 8.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 101,291 shares of the company’s stock worth $1,639,000 after acquiring an additional 7,659 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of OneWater Marine by 290.9% in the 2nd quarter. Marshall Wace LLP now owns 92,042 shares of the company’s stock worth $1,232,000 after acquiring an additional 68,494 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of OneWater Marine by 94.7% in the 2nd quarter. Raymond James Financial Inc. now owns 20,948 shares of the company’s stock worth $280,000 after acquiring an additional 10,189 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of OneWater Marine by 126.6% in the 2nd quarter. Jane Street Group LLC now owns 25,831 shares of the company’s stock worth $346,000 after acquiring an additional 122,976 shares during the last quarter. 94.32% of the stock is currently owned by institutional investors and hedge funds.
OneWater Marine Company Profile
OneWater Marine Inc (NASDAQ: ONEW) is a leading U.S.-based recreational boat retailer offering a comprehensive range of marine products and services. Since its public debut in 2018, the company has built a broad network of locations that serve both coastal and inland markets. OneWater Marine focuses on delivering a full-service customer experience, from initial boat selection to long-term maintenance and support.
Through its dealership network, OneWater Marine markets new and pre-owned powerboats and personal watercraft from top manufacturers.
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